Personal Finance
government revises healthcare subsidies for PRs
By Patrick Lim  •  April 12, 2012
the ministry of health has announced that the healthcare subsidies for prs will be revised downwards for in-patient services (class B2 and class C wards), day surgery and specialist outpatient clinics in government restructured hospitals as well as intermediate and long term care services. for the intermediate and long term care sector, the adjustments will be implemented in the third quarter of 2012, while the changes in the government restrutured hospitals will see the implementation in 2 phases; in october 2012 and april 2013 to mitigate the effect of these adjustments on prs. please refer to the coming changes as reflected in the tables as shown. my comments: for singapore citizens clamouring for more recognition of the differentiation from prs, this is one of our government's response to putting singaporeans first. i suppose it is also inevitable given that medical or healthcare costs tend to rise the fastest and i ......
Read the full article
By Patrick Lim
Patrick is an Associate Director with Promiseland. He has more than 20 years of personal investment experience both in stock and shares and unit trusts. In his early years as an investor, he got burnt really bad in the infamous 1987 crash and again during the clob incident. With 2 decades of so-called battle scars behind him, the last few years (since 2003) have been good to him especially with his single country funds doing exceptionally well. On his investing style, he is both a technical analyst and fundamentalist. Patrick view wealth accumulation as part and parcel of the wealth management process but only if one has already executed his/her wealth protection planning on an on-going basis.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance